GARAGE LEDERMANN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GARAGE LEDERMANN
Largest movements
- Stocks and contracts -€295,898
down €295,898 (-58.6%), from €505,158 to €209,260
- Cash +€35,541
up €35,541 (+899%), from €3,953 to €39,494
mainly Stocks and contracts (+€295,898) and Depreciation (+€19,048)
- Tangible fixed assets -€19,048
down €19,048 (-11.3%), from €168,845 to €149,797
of which Land and buildings: -€16,650
- Receivables within one year -€14,676
down €14,676 (-86.6%), from €16,938 to €2,262
of which Other amounts receivable: -€7,830
- Short-term financial debts -€277,174
no longer reported in 2024 (was €277,174)
- Trade debts -€19,695
down €19,695 (-66.1%), from €29,793 to €10,098
- Turnover +€822,677
new in 2024: €822,677
- Gross operating margin -€20,950
down €20,950 (-11.4%), from €184,141 to €163,191
- Depreciation -€13,471
down €13,471 (-41.4%), from €32,520 to €19,048
- Staff costs +€10,636
up €10,636 (+11.0%), from €97,045 to €107,681
- Financial charges -€10,222
down €10,222 (-27.8%), from €36,773 to €26,551
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €703,648 | €402,835 | -€300,813 | -42.8% |
| Fixed assets | 21/28 | €168,910 | €149,797 | -€19,113 | -11.3% |
| Tangible fixed assets | 22/27 | €168,845 | €149,797 | -€19,048 | -11.3% |
| Land and buildings | 22 | €164,701 | €148,051 | -€16,650 | -10.1% |
| Plant, machinery and equipment | 23 | €3,169 | €1,258 | -€1,910 | -60.3% |
| Furniture and vehicles | 24 | €975 | €488 | -€488 | -50.0% |
| Financial fixed assets | 28 | €64 | - | -€64 | |
| Current assets | 29/58 | €534,738 | €253,038 | -€281,700 | -52.7% |
| Stocks and contracts in progress | 3 | €505,158 | €209,260 | -€295,898 | -58.6% |
| Stocks | 30/36 | €505,158 | €209,260 | -€295,898 | -58.6% |
| Amounts receivable within one year | 40/41 | €16,938 | €2,262 | -€14,676 | -86.6% |
| Trade receivables | 40 | €9,108 | €2,262 | -€6,846 | -75.2% |
| Other amounts receivable | 41 | €7,830 | - | -€7,830 | |
| Cash at bank and in hand | 54/58 | €3,953 | €39,494 | +€35,541 | +899% |
| Deferred charges and accrued income | 490/1 | €8,689 | €2,022 | -€6,668 | -76.7% |
| Total equity and liabilities | 10/49 | €703,648 | €402,835 | -€300,813 | -42.8% |
| Equity | 10/15 | €168,072 | €164,740 | -€3,333 | -2.0% |
| Contributions | 10/11 | €173,000 | €173,000 | = | 0.0% |
| Reserves | 13 | €54,858 | €54,858 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,928 | €4,928 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,928 | €4,928 | = | 0.0% |
| Distributable reserves | 133 | €49,930 | €49,930 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,786 | -€63,118 | -€3,333 | -5.6% |
| Amounts payable | 17/49 | €535,575 | €238,095 | -€297,481 | -55.5% |
| Amounts payable after more than one year | 17 | €198,000 | €198,000 | = | 0.0% |
| Financial debts | 170/4 | €198,000 | €198,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €337,575 | €40,095 | -€297,481 | -88.1% |
| Financial debts | 43 | €277,174 | - | -€277,174 | |
| Credit institutions | 430/8 | €277,174 | - | -€277,174 | |
| Trade debts | 44 | €29,793 | €10,098 | -€19,695 | -66.1% |
| Suppliers | 440/4 | €29,793 | €10,098 | -€19,695 | -66.1% |
| Taxes, remuneration and social security | 45 | €17,377 | €21,365 | +€3,989 | +23.0% |
| Taxes | 450/3 | €17,377 | €15,709 | -€1,668 | -9.6% |
| Remuneration and social security | 454/9 | - | €5,657 | +€5,657 | |
| Other amounts payable | 47/48 | €13,232 | €8,632 | -€4,600 | -34.8% |
| Turnover | 70 | - | €822,677 | +€822,677 | |
| Remuneration, social security and pensions | 62 | €97,045 | €107,681 | +€10,636 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,520 | €19,048 | -€13,471 | -41.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,546 | +€1,546 | |
| Other operating charges | 640/8 | €11,335 | €11,731 | +€395 | +3.5% |
| Gross operating margin | 9900 | €184,141 | €163,191 | -€20,950 | -11.4% |
| Operating profit (loss) | 9901 | €43,240 | €23,185 | -€20,056 | -46.4% |
| Financial income | 75/76B | €110 | €34 | -€76 | -69.0% |
| Recurring financial income | 75 | €110 | €34 | -€76 | -69.0% |
| Financial charges | 65/66B | €36,773 | €26,551 | -€10,222 | -27.8% |
| Recurring financial charges | 65 | €36,773 | €26,551 | -€10,222 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €6,577 | -€3,333 | -€9,909 | |
| Income taxes | 67/77 | €598 | - | -€598 | |
| Profit (loss) for the period | 9904 | €5,979 | -€3,333 | -€9,312 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,979 | -€3,333 | -€9,312 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.